Regus Secures Premier Office Space at Lamar Central

AUSTIN, Texas – (Oct. 13, 2015) – Regus, the world’s largest provider of flexible workspaces, announced today that it has signed a lease for approximately 18,000 square feet at Lamar Central, a Class-A, mixed-use development in Central Austin, located at 38th St. and N. Lamar Blvd.

“Regus is established internationally and a welcomed addition to the professional work space at Lamar Central,” said Jeff Simmons, Acquisitions and Operations Manager at Highland Resources. “The company is a well-known and growing Austin employer that provides a critical service to local entrepreneurs and businesses seeking temporary or permanent office space.”

The Regus network includes 3,000 locations in more than 900 cities and 120 countries. Regus offers workspaces for businesses of any size – both large and small. Fully furnished offices, meeting rooms, business lounges and community spaces are available for any amount of time. Companies turn to Regus for affordability, ease of use and as an immediate entry point to business capitals around the world.

“Opening a new business center at Lamar Central will allow us to meet the ongoing demand for flexible office space in Austin,” said Michael Berretta, Vice President, Development, Regus. “The quality of the building, the strategic location and the range of business services we provide enables us to accommodate our diverse client base, which ranges from start-ups to Fortune 500s. The location is convenient and close to housing options, desirable neighborhoods and local attractions. This spot also puts us a few minutes from downtown, as well as just south of the tech campuses and growth occurring in North Austin.”

The new office suite will overlook 38th Street and a portion of N. Lamar Blvd. and will be Regus’ 10th location in Austin. Regus is anticipated to open its doors by spring of 2016.

“The superior office design and green building features of Lamar Central are important to us; we are responsible for delivering the very best workplace environments and top-of-the-line technology to our customers. They depend on us to stay current and on trend with the competitive landscape in Austin,” said Michael Berretta, Vice President, Development, Regus. “Plus, we are able to offer our employees amenities like garage parking, car-2-go stations, bike storage and multiple dining options, as well as an open-air courtyard with seating and green space.”

Cushman & Wakefield/Oxford Commercial negotiated the lease on behalf of Highland Resources, and John Childers and Jake Ragusa of JLL negotiated the lease on behalf of Regus.

“The expansion to Lamar Central is a smart move for Regus and further establishes its presence as a leading workspace solutions provider in a market that has increasingly become a destination for national and international employers,” said John Childers, Senior Vice President at JLL.

“The office space is exceptional at Lamar Central and the attention to detail and high-end design is an ideal match for a savvy company like Regus,” said Bob Wynn, Partner and Co-Founder at Oxford Commercial. “As the go-to provider for companies expanding locally and into the Austin market, it’s important that Regus operate from the very best office space to meet demand and attract great talent.”

Accompanying Regus at Lamar Central is Austin-based Kendra Scott Jewelry, who has secured the entire fourth floor of the building to relocate the company’s headquarters and will also open a storefront on the ground floor.

Denver-based restaurant, Snooze, an A.M. Eatery, is also moving into a ground-floor retail space. The breakfast and lunch destination boasts a fresh and innovative menu, as well as extensive cocktail offerings.

Lamar Central is nearing completion and is anticipated to open later this month. The four-story, 165,000-square-foot, mixed-use development features more than 132,000 square-feet of column-free office space with an additional 33,000 square-feet of retail and restaurant space. More information on the project and a time-lapse video of the construction process can be viewed at www.lamarcentral.com.

Onsite amenities include:

Floor-to-ceiling windows;

Garage parking with direct connection into each tenant floor;

A landscaped Courtyard with patios for outdoor dining;

Green-building features;

Car-charging station;

Bike storage; and

Showers and changing rooms.

Attachments: Lamar Central rendering, Regus logo

About Lamar Central

Lamar Central, located at 3800 North Lamar Blvd., is situated near downtown in a major employment center and in close proximity to a wide variety of housing options. The development provides an alternative to a downtown location, but with all of the same benefits–restaurants and retail, walkability and access to various modes of transit, parks and trails. Lamar Central offers its tenants proximity to premier residential neighborhoods with north/south access along MoPac and crosstown access along 38th and 45th streets. For more information, renderings, maps and videos about Lamar Central, please visit www.LamarCentral.com

About Highland Resources, Inc.

Highland Resources, Inc. is a family-owned real estate investment and development company with a proud history and remarkable track record of success in developing residential and commercial projects. From the Driskill Hotel and Southwest Tower to the award-winning Highland Horizon mixed-use development in Round Rock, Highland Resources is rooted in this community with connections to some of the region’s most iconic structures. The company has accumulated and owns more than 25,000 acres of land, 5.6 million square-feet of industrial space and numerous office buildings and shopping centers in Texas and Arkansas. Highland is currently developing five different tracts of land in Texas and Oklahoma for commercial and residential use. Additionally, the company owns and operates Highland Deephaven, a 430-acre industrial development located near Inverness, Scotland, servicing the North Sea oil industry. For more information, please visit www.highlandresourcesinc.com

About Regus

Regus is the global leader in flexible workspace that can accommodate any size organization – from solopreneurs, to start-ups and from small- to medium-sized enterprises to global corporations. Regus offers a community of collaborative, flexible spaces to fit any budget. Regus’ breadth of offerings includes fully furnished offices, open and shared working areas, drop-in business lounges and meeting rooms. Regus customers have the freedom to book space for any period of time.

The Regus network includes 3,000 business centers in more than 900 cities and 120 countries. More than two million customers visit a Regus location each day, enabling them to work whenever and wherever they need to. Companies such as Google, Toshiba and GlaxoSmithKline, to name a few, outsource their workspace needs to Regus so that their businesses can be more flexible and successful.

Founded in Brussels, Belgium, in 1989, Regus is based in Luxembourg and listed on the London Stock Exchange. For more information, please visit www.regus.com.